Early data indicate sales would include nearly $15.2 billion offline sales & $11.8 billion online sales on platforms like Amazon, based on Redseer, a market consultancy.
US and EU have warned businesses of strict action against extortionate pricing. In India, prices of vegetables have gone up by 25% and paracetamol by 40%.
After dominating India’s crude imports since 2023, Russian supplies slowed amid US sanctions, but a 30-day ‘waiver’ amid West Asia tensions could now push flows back towards 2 mbpd.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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